The gross domestic product (GDP) at current prices in the Gulf Cooperation Council (GCC) countries reached USD 588.1 billion by the end of the first quarter of 2025, up from USD 570.9 billion in the same period of 2024 - a growth rate of 3 percent.
Veteran insurance executive with over four decades of global experience to lead Muscat Insurance’s next phase of growth and strategic transformation
Indonesia marks the third destination in the 2025 global outreach series led by the Investment Promotion Directorate, following the successful business dialogues held in India and Canada in September.
Oman’s trade surplus exceeds RO 3.5 billion by end of July 2025
The card allows customers to earn 3% cashback on their transactions, automatically credited to the card balance each month.
BankDhofar has signed a cooperation agreement with the Social Protection Fund to advance fintech solutions, reinforcing its role as a digital banking leader and supporting the goals of Oman Vision 2040.
The Governorate of Al Dakhiliyah is fast becoming a hub of economic vitality, with robust growth across commercial, industrial, and investment sectors.
OQ Basic Industries Corporation (OQ) continues to be a key engine of economic growth in Oman, with its Muscat Stock Exchange listing marking a major milestone for both the company and the national financial sector.
Oman’s Islamic banking sector continues its upward trajectory, with total assets of Islamic banks and windows reaching approximately RO 9.1 billion by the end of July 2025.
The Muscat Stock Exchange (MSX) continued its upward momentum for the third month in a row, closing September on a strong note.
Oman’s economy posted modest growth in the second quarter of 2025, with gross domestic product (GDP) at current prices rising by 0.6 percent to reach RO 10.17 billion.
The Organization of the Petroleum Exporting Countries (OPEC) has projected a sharp 23 percent rise in global energy demand by 2050, with oil expected to retain its dominance in the energy mix at nearly 30 percent.
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